Mondelēz International has launched Lemonade Fest, a lemonade-inspired candy under the SOUR PATCH KIDS sour and sweet candy brand, in the US. Lemonade Fest by SOUR PATCH KIDS is now widely available in stores across the US. It is a blend of the sour-then-sweet candy, featuring four distinct lemonade-inspired flavors, which are lemonade, strawberry lemonade, […]
HCL Technologies (HCLTech) has secured an expanded multi-year contract from American confectionery giant Mondelēz International to boost the latter’s cybersecurity and transform digital workplace services around the world. According to HCLTech, Mondelēz International for supporting its hybrid workplace model deployed the company’s BigFix platform. This is for automating the identification and remediation of possible vulnerabilities […]
Mondelēz International has opened a new regional supply chain distribution center in Sandston, Virginia to expand its supply chain footprint in North America. The new distribution site is part of the American snacks company’s $122.5 million investment over the next three years to ramp up its Henrico County operations. The facility will help Mondelēz achieve […]
Mondelēz International has signed a deal worth at least $2.9 billion to acquire Clif Bar & Company, an American maker of nutritious energy bars with organic ingredients. Clif Bar & Company will stand to receive additional contingent earnout consideration from the confectionary giant. Through the deal, Mondelēz International will add nutritious energy bar brands such […]
Mondelēz International has agreed to acquire a majority stake in Grenade, a UK-based sports performance and active nutrition brand, for an undisclosed price, in a move to expand into the broader snacking and fast-growing well-being segments. Grenade is the owner of the Carb Killa high protein bar, which is claimed to be the best-selling product […]
Global snacks company Mondelez International will invest $6 million in its Reading Science Centre in the UK towards the development of new chocolate, candy and biscuit products to be sold in more than 150 different countries. Currently, the Mondelez Reading Science Centre hosts more than 290 scientists, food technologists, chemists, and other specialists. The new […]
Cadbury and Oreo owner Mondelez International has snapped Tate’s Bake Shop, a US cookie manufacturer in a deal of about $500 million from private equity firm The Riverside Company and others. Mondelez Acquisition of Tate’s Bake Shop Founded in 2000, Tate’s Bake Shop makes thin-and-crispy chocolate-chip cookies and its acquisition enables Mondelez to widen its […]
Drinks acquisition news : Keurig Green Mountain, a specialty coffee and coffeemaker company has struck a major deal to acquire US soft drinks company Dr Pepper Snapple Group for $18.7 billion. Keurig Green Mountain acquisition of Dr Pepper Snapple Group The merger deal will create an enlarged beverage company by the name Keurig Dr Pepper […]